LNG

As global demand for pipeline natural gas and LNG maintains its momentum investment requirements are forecast to be around $300 billion in capital per year between 2022 and 2050 and a further $30Bln is expected to be spent on LNG infrastructure, mainly on new liquefaction capacity. 

Saudi Arabian Oil Company (Aramco), the world’s largest seller of crude oil, reported an almost 40 percent rise in third-quarter net income to $42.4 billion as global crude oil prices were affected by “continued economic uncertainty” and it forecast that oil demand would continue to grow for the rest of…

The Japan Bank for International Cooperation, the leading state-owned financial institution, has signed an additional loan deal amounting to 100 billion yen ($675 million) for JERA Co Inc., Japan's biggest LNG buyer and power generation company.

Free ReadJGC Holdings Corp., one of Japan’s leading LNG and energy engineering companies, said its domestic operating company JGC Japan Corp. has started technical development of carbon-dioxide capture applying unused cold energy from liquefied natural gas. The company said the efforts are part of a joint project with utility Toho Gas…